Assume that the interest rate is 12.0% per year and you expect to receive the following stream of annual cash flows (The year 0 cash flow occurs today and the year 4 cash flow occurs exactly 4 years from today): (Year 0: $11,250); (Year 1: $14,800); (Year 2: $34,500); (Year 3: $9,100); (Year 4: $34,500); What is the current Present Value (PV0) of the stream of cash flows?

$104,150

$71,759

$76,909

$81,977

$83,033

$80,370